Foundation Securities Account Type

Foundation Securities offers several types of trading accounts to cater to the diverse needs of investors:

• Edge Value Account
• Minimum Opening Amount: PKR 25,000
• Trader Assistance: No
• Commission Structure:
• 0.01 - 20: 3 paisa
• 20.01 - 50: 4 paisa
• 50.01 - 100: 7 paisa
• 100.01 - 200: 11 paisa
• Above 200: 21 paisa
• Physical Shares: Acceptable at the time of account opening.
• Edge Prime Account
• Minimum Opening Amount: PKR 300,000
• Trader Assistance: Yes
• Commission Structure:
• 0.01 - 20: 5 paisa
• 20.01 - 50: 6 paisa
• 50.01 - 100: 10 paisa
• 100.01 - 200: 16 paisa
• Above 200: 30 paisa
• Physical Shares: Not acceptable at the time of account opening.
• CDC Investor Account: Mandatory.
• Edge Sahulat Account
• Minimum Opening Amount: PKR 5,000
• Simplified account opening process with minimal documentation.
• Trading Limits:
• Maximum investment of PKR 800,000.
• Gross trades of up to PKR 1.6 million per day.
• Trading Restrictions: No trading in leveraged products.
• Foundation Shariah Edge
• Focus: Shariah-compliant stocks.
• Investment Type: 100% cash investment; no leverage or loans.
• Edge - Roshan Digital Account
• Target: Non-resident Pakistanis (NRPs) for digital banking and investment.

Foundation Securities Broker Account Opening Process

To open an account with Foundation Securities, follow these steps:

• Select Account Type: Choose from Edge Value, Edge Prime, Edge Sahulat, or others based on your investment needs.
• Download Account Opening Form: Forms are available on the Foundation Securities website or at their branches.
• Fill Out the Form: Provide required personal and financial information.
• Submit Required Documents:
• For Edge Value: CNIC and physical shares (if applicable).
• For Edge Prime: CNIC and CDC authorization letter.
• For Edge Sahulat: Simplified documentation including CNIC.
• Verification Process: After submission, Foundation Securities will verify the documents.
• Account Activation: Once verified, you will receive confirmation and can start trading once the account is funded.

For further assistance, you can contact their helpline at 0800 - 87233 (0800 - trade).